Real Estate / Real Estate - DevelopmentUpdated 2026-05-10 22:07 UTC

SHA/600048 stock hub

SHA/600048 has a live ticker hub with the latest available market, valuation, profitability, growth, ownership, and risk indicators.

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Fair value midpoint

n/a

Fair value pending

Upside to midpoint

n/a

Based on latest report

Confidence

n/a

Data quality and model convergence

Market cap

76.3B

Shanghai Stock Exchange

Market data

Live price

Current market quote for this ticker.

Current price

SHA/600048

In the news

Latest news · SHA/600048

Recent company headlines from major financial publishers.

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Fetching the latest headlines.

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Calendar

Next earnings

Upcoming earnings date and setup when available.

Upcoming

DateLoading

Window—

EPS estimate—

Revenue estimate—

Sector context

Where the current metrics sit

Percentiles come from the backend screener cohort cache for the ticker's country and sector.

Forward P/E43.4

P25 18.7P50 34.5P75 55.4

Trailing P/En/a

P25 28P50 54.6P75 147.8

ROE0.8

P25 -17.2P50 -2.3P75 1.7

ROIC0.8

P25 -1.8P50 0.3P75 2.5

Benchmarks - 1M

S&P 500n/a

Nasdaq Compositen/a

Dow Jones Industrial Averagen/a

Russell 2000n/a

Indicator catalog

All SHA/600048 market and fundamental indicators

A searchable catalog of the available market, valuation, profitability, growth, balance-sheet, ownership, and analyst metrics for this ticker.

Available fields

229

Groups with data

Currency

CNY

Showing 229 of 229 available metrics for this ticker.

Profile and market data

Ticker identity, listing, currency, market cap, and source dates.

Metric	Value
Country	China
Country code	CN
Employees	44,445
Employees Change	-5,345%
Employees Change Percent	-10.74
Enterprise value	CNY 427.3B
Exchange	Shanghai Stock Exchange
Financial currency	CNY
First seen	2026-05-10
Industry	Real Estate - Development
Isin	CNE000001ND1
Last refreshed	2026-05-10
Market cap	CNY 76.3B
Price	CNY 6.43
Price currency	CNY
Rev Per Employee	6,740,975.15x
Sector	Real Estate
Sic	6552
Symbol	sha/600048
Website	https://www.polycn.com

Valuation

Multiples, yields, enterprise-value ratios, and valuation checks.

Metric	Value
Earnings Yield	-0.24%
EV Earnings	-2,344.31x
EV/EBIT	35.14x
EV/EBITDA	28.16x
EV/FCF	19.7x
EV/Sales	1.43x
FCF yield	28.43%
Forward P/E	43.43x
P/B ratio	0.23x
P/S ratio	0.25x
PE Ratio10 Y	15.87x
PE Ratio3 Y	38.33x
PE Ratio5 Y	24.62x

Profitability

Margins, returns on capital, cash conversion, and quality metrics.

Metric	Value
EBIT Margin	4.06%
EBITDA Margin	4.75%
FCF margin	7.24%
Gross margin	10.33%
Gross Profit	CNY 30.9B
Gross Profit Growth	-19.06%
Gross Profit Growth Q	-31.94%
Gross Profit Growth3 Y	-19.95%
Gross Profit Growth5 Y	-17.18%
Net Income	CNY -182.3M
Net Income Growth Q	-57.06%
Net Income Growth Years	0%
Pretax Margin	2.3%
Profit Margin	-0.06%
Profit Per Employee	CNY -4,101
Profitable Years	23
ROA	0.61
Roa5y	1.28
ROCE	2.03
ROE	0.78
Roe5y	6.3
ROIC	0.85
Roic5y	4.01

Growth

Revenue, earnings, cash-flow, and forward growth indicators.

Metric	Value
Cagr10y	0.54%
Cagr15y	4.4%
Cagr1y	-22.72%
Cagr3y	-20.63%
Cagr5y	-10.8%
Div CAGR10	-6.83%
Div CAGR3	-27.71%
Div CAGR5	-25.28%
EPS Growth Q	-55.56
EPS Growth Years	0
FCF Growth	-48.3%
FCF Growth Q	427.57%
FCF Growth3 Y	-13.02%
FCF Growth5 Y	7.92%
OCF Growth	-46.14%
OCF Growth Q	422.97%
OCF Growth10 Y	-1.81%
OCF Growth3 Y	-12.5%
OCF Growth5 Y	7.86%
Revenue Growth	-5.25x
Revenue Growth Q	-15.74x
Revenue Growth Years	0x
Revenue Growth3 Y	1.38x
Revenue Growth5 Y	4.16x

Financial strength

Debt, cash, solvency, accounting-quality, and balance-sheet signals.

Metric	Value
Asset Turnover	CNY 0.24
Assets	CNY 1.2T
Cash	CNY 128B
Current Assets	CNY 992.9B
Current Liabilities	CNY 577.4B
Debt	CNY 342.6B
Debt EBITDA	CNY 22.58
Debt Equity	CNY 1.04
Debt FCF	CNY 15.79
Equity	CNY 330.5B
Interest Coverage	2.54
Liabilities	CNY 845.6B
Long Term Assets	CNY 183.1B
Long Term Liabilities	CNY 268.2B
Net Cash	CNY -214.6B
Net Cash By Market Cap	CNY -281
Net Debt EBITDA	CNY 15.09
Net Debt Equity	CNY 0.65
Net Debt FCF	CNY 9.89
Tangible Book Value	CNY 193.7B
Tangible Book Value Per Share	CNY 16.32
WACC	1.77

Liquidity

Current-asset coverage and working-capital efficiency metrics.

Metric	Value
Current ratio	1.72
Inventory Turnover	0.38
Net Working Capital	CNY 363.8B
Quick ratio	0.47
Working Capital	CNY 415.5B
Working Capital Turnover	CNY 0.68

Dividends and buybacks

Dividend yield, payout, buybacks, and shareholder-yield indicators.

Metric	Value
Buyback Yield	4.59%
Dividend Growth	-58.54%
Dividend Growth Years	0%
Dividend per share	CNY 0.04
Dividend Years	19
Dividend Yield	0.54%
Ex Div Date	2025-08-20
Last Dividend	CNY 0.17
Payout Frequency	Annual

Performance and technicals

Returns, volatility, beta, momentum, RSI, and moving-average context.

Metric	Value
10Y total return	5.52%
1Y total return	-22.71%
200-day SMA	7.03
3Y total return	-50.01%
50-day SMA	6.15
50-day SMA vs 200-day SMA	50under200
5Y total return	-43.52%
All Time High	19.88
All Time High Change	-67.66%
All Time High Date	2022-04-15
All Time Low	1.18
All Time Low Change	447.23%
All Time Low Date	2006-07-31
ATR	0.17
Beta	0.56
Beta1y	0.51
Beta2y	0.71
Ch YTD	5.41
High	6.5
High52	8.55
High52 Date	2025-08-25
High52ch	-26.18%
Low	6.33
Low52	5.47
Low52 Date	2026-04-07
Low52ch	17.55%
Ma50ch	4.6%
Price vs 200-day SMA	-8.48%
RSI	65.47
RSI Monthly	36.98
RSI Weekly	47.64
Sharpe ratio	-1.3x
Sortino ratio	-1.6
Total Return	5.13%
Tr YTD	5.41
Tr15y	90.63%
Tr1m	16.91%
Tr1w	0.47%
Tr3m	-7.88%

Analyst estimates

Ratings, targets, revisions, and forward estimate fields.

Metric	Value
Operating Income	CNY 12.2B
Operating Income Growth	-33.93
Operating Income Growth Q	-43.87
Operating Income Growth3 Y	-29.34
Operating Income Growth5 Y	-24.17
Operating margin	4.06

Ownership and float

Institutional, insider, float, short-interest, and share-count fields.

Metric	Value
Float	6,978,844,143%
Net Borrowing	-23,488,691,395
Shares Insiders	0.1%
Shares Institutions	20.78%
Shares Out	11,865,411,818
Shares Qo Q	16.49%
Shares Yo Y	-4.59%

Other indicators

Additional ticker metrics that do not fit the primary research groupings yet.

Metric	Value
Adjusted FCF	CNY 21.7B
Average Volume	123,025,785x
Bv Per Share	16.35
CAPEX	CNY -511.2M
Ch10y	-28.95
Ch15y	15.48
Ch1m	16.91
Ch1w	0.47
Ch1y	-24.35
Ch3m	-7.88
Ch3y	-54.91
Ch5y	-53.77
Ch6m	-10.45
Change	0.47%
Change From Open	0.78
Close	6.4
Days Gap	-0.31
Depreciation Amortization	2,059,565,415
Dollar Volume	870,938,304.6
Earnings Date	2026-04-18
EBIT	CNY 12.2B
EBITDA	CNY 14.2B
EPS	CNY -0.02
F Score	6
FCF	CNY 21.7B
FCF EV Yield	5.08x
FCF Per Share	CNY 1.83
Financing CF	-41,798,030,098
Fiscal Year End	December
Founded	1,992
Goodwill	66,890,891
Income Tax	CNY 4.3B
Investing CF	-2,371,985,893
Is Primary Listing	1
Last Earnings Date	2026-04-18
Last Report Date	2026-03-31
Last Split Date	2014-05-22
Last Split Type	Forward
Ma150	6.69
Ma150ch	-3.89%
Ma20	5.97
Ma20ch	7.8%
Net CF	-21,937,303,243
Next Earnings Date	2026-05-13
Open	6.38
P FCF Ratio	3.52
P OCF Ratio	3.44
Payment Date	2025-08-20
Position In Range	58.82
Ppne	11,248,403,956
Price Date	2026-05-08
Price EBITDA	CNY 5.37
Ptbv Ratio	0.39
Relative Volume	1.13x
Revenue	299,602,640,494x
Tax By Revenue	1.42x
Tax Rate	61.81%
Tr6m	-10.45%
Volume	135,449,192
Z Score	0.97

Fast facts

Decision checkpoints

A compact product layer over the same report payload.

Risk gate

n/a

Named kill scenarios are reviewed before any bullish rating can stand.

Moat score

n/a

Business quality stays separate from stock attractiveness.

Forward P/E

n/a

Valuation uses the full report model stack, not a single multiple.

Next action

Research pending

Final action steps are kept in the recommendation tab.

Income

SHA/600048 dividend yield, growth & safety

Yield, payout sustainability, and the multi-year growth streak.

Dividend yield

+0.5%

$0.04 annual per share

Payout ratio

n/a

Share of earnings returned as dividends. Below 60% is generally sustainable.

5Y dividend CAGR

-25.3%

0 consecutive years of growth

Total shareholder yield

+5.1%

Next ex-dividend date: 2025-08-20

Performance

SHA/600048 stock returns vs the market

Total return (incl. dividends) compared to S&P 500.

Ownership

Who owns SHA/600048?

Insider, institutional, and short-interest positioning.

Institutional ownership

+20.8%

Share of float held by funds and institutions

Insider ownership

+0.1%

Stake held by company insiders. Higher generally signals alignment.

Short interest

n/a

Float sold short by bearish positioning

Y/Y dilution

-4.6%

Negative means the company is buying back shares.

Technical

SHA/600048 momentum and risk profile

RSI, moving-average stack, beta, and risk-adjusted return.

RSI (14)

65.5

Neutral momentum band

Price vs 200-day MA

-8.5%

50/200-day relationship not available

Beta (5Y)

0.56

Less volatile than the market

Sharpe ratio

-1.30

Risk-adjusted return — higher is better; >1.0 is solid.

Questions

About SHA/600048

Hub-level FAQ points readers to the deeper analysis pages.

What is the current sha/600048 stock rating?

sha/600048 is currently shown with the latest rating in the latest report. The hub links directly to the full analysis surface where the rating, fair-value bridge, risks, and scorecard are documented together.

Where can I read the full sha/600048 analysis?

The full report lives at /stocks/sha/600048/analysis. The bare ticker page is a product hub that summarizes the latest read and sends readers into the relocated analysis tabs without making the analysis surface depend on the hub.

What fair-value range is used for sha/600048?

The latest report frames sha/600048 around the latest fair-value range. Treat that range as the entry point, then check the valuation, sensitivity, and bear-case tabs before making an investment decision.

How often is the sha/600048 page updated?

The hub updates with the latest published stock report and live backend market data. The analysis pages remain reachable under /analysis, so a hub rollback does not remove the report reader.